R 12 495 000 | 5 bed property for sale in st james

Property Description

New Listing I Exclusive Mandate Asking: R12 495 000 This is a rare and exciting opportunity to purchase a property in the coveted St. James area, where homes don't often come up for sale. Situated just below Boyes Drive, this original 1950s house offers incredible potential for renovation and transformation. The property features five bedrooms and two bathrooms, with 2 large lounges featuring fireplaces, providing ample living space for large families or those seeking room to grow. While the house is in need of some work, its classic design presents a blank canvas for those with a vision to create a modern coastal retreat. One of the key features of this property is its expansive terraced garden, which offers plenty of room to create an outdoor sanctuary with sweeping views of the ocean. The erf size is among the bigger in the area, offering great potential for expansion or simply enhancing the outdoor living space. The downstairs area is particularly versatile, as it can be easily converted into a completely separate living unit with its own entrance. This offers multiple possibilities, including rental income, guest accommodation, or even a private home office space. The location of this home is unbeatable, with stunning views over False Bay and the tidal pool and beach directly across the road. The area also boasts a range of nearby amenities, including restaurants, cafes, and shops, offering a lifestyle of convenience and leisure. Buyers should note that there are a number of stairs leading up to the property, with two access points available—Pentrich Road or Boyes Drive (Boyes Drive offering less stairs than the Pentrich Road option.) While there are no garages on the property, there is ample street parking in either of these roads. This home would be perfect for those looking for a project in a prime location, especially those who are physically active or seeking a coastal retreat with easy access to the beach. Whether you're looking for a family home, a weekend getaway, or an investment property, this property offers great potential for a variety of uses. Don’t miss out on the chance to own a piece of St. James with incredible sea views, a spacious garden, and unparalleled opportunity to create a home tailored to your needs. This property truly offers the best of coastal living. New Listing I Exclusive Mandate Asking: R12 495 000 Erf: /- 766 SQM Rates: /- R4 558


Property Details

Purchase Price R 12 495 000

Monthly Rates4558

Type of PropertyHouse

Pets AllowedYes

Land Size766 m2

Last Updated03 Feb 2025

Rooms

Flatlet1

Kitchen1

Bedrooms5

Bathrooms2

Property Location

Similar Property in nearby suburbs

Agent

Quay 1 Property Specialist 50

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